Project Management, Planning and Analysis Tools

Project management is the application of processes, methods, knowledge, skills, and experience to achieve the project objectives.

Planning is the process of thinking about the activities required to achieve the desired goal. It involves the creation and maintenance of a plan, such as psychological aspects that require conceptual skills. There are even a couple of tests to measure someone’s capability of planning well. As such, planning is a fundamental property of intelligent behavior.

Also, planning has a specific process and is necessary for multiple occupations (particularly in fields such as management, business, etc.). In each field, there are different types of plans that help companies achieve efficiency and effectiveness. An important, albeit often ignored aspect of planning, is the relationship it holds to forecasting. Forecasting can be described as predicting what the future will look like, whereas planning predicts what the future should look like for multiple scenarios.

Planning combines forecasting with preparation of scenarios and how to react to them. Planning is one of the most important project management and time management techniques.